Bank Indonesia Sees Strong Possibility of Interest Rate Cut, Sarwono Says

(Bloomberg) -- Indonesia's central bank sees a ``strong possibility'' of an interest rate cut next week, after inflation unexpectedly slowed last month and the rupiah strengthened, Deputy Governor Hartadi Sarwono said.

Consumer prices rose 6.3 percent in April from a year ago, compared with 6.5 percent in March, and lower than the median 6.5 percent forecast of 21 economists surveyed by Bloomberg.


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